| Show DOW JOKES atllajn L 1043104 4365 Business Editor North Davis businesswoman honored 3 Travel-fir- owner tops m woman of the year of Athena finalists I group Brenda Jorgenson owner By MARK EDDINGTON of Westgate Travel was named the winner of the A Jtarxlafd-£xarre- Dave Bureau f - KAYSVILLE A Sunset woman emerged from a field of five finalists Tuesday as the North Davis Chamber of Commerce’s choice for top business Athena Award at the annual Women Jorgenson Some use ‘Star in Business awards luncheon at the Davis Applied Technology Center Since acquiring Westgate Travel in 1991 the company’s annual business has grown from $750000 to $3 million In 1998 Westgate Travel was named northern Davis County’s top business areIn the community-servic- e na Jorgensen has been equally adept In the 1 970s as a member ter for Travel Education’s board of the Greater Greensboro of directors Chamber of Commerce in North Carolina she raised $150000 to organize the city’s first shelter for battered women She has also served as a member of the numerous boards including positions on the Clearfield Job Corps Community Relations Advisory Board and the Sandy-base- d Cen As a member of Utah’s Medicaid Advisory Board for Women and Children in the late 1980s Jorgensen helped formulate policies enabling single mothers to gain access to educational and vocational training She also in- See JORGENSEN12A Quitting time Wars’ as job perk Businesses renting out theaters to provide enjoyment for employees 625-424- 11A 5 BRIEF CASES Utah Fonix to sell Solutions Group SALT LAKE CITY -- Fonix Corp announced today a definitive agreement for the sale of the Fonix Healthcare Solutions Group headquartered in Woburn Mass to Lernout & Hauspie Speech Products for $28 million comprised of $24 million in cash with an additional $4 million earn-ou- t spread over two years based upon performance The Fonix Healthcare Solutions Group produces and sells the PowerScribe dictation system to hospitals for radiology and emergency medicine applications National AT&T New-Ioo- k hosts shareholders HOUSTON -- AT&T Corp having already committed $100 billion to acquisitions for its new e strategy is still shopping around for I tor more coverage wwwstandardnet I j cable-telephon- FREAKY FANS: Go to StandardNET to view video clips of fanatic moviegoers in full “Star Wars” gear at theaters around the country Associated The investments the company said Wednesday at its annual shareholders meeting Chairman and chief executive C Michael Armstrong also stressed that AT81T needs a smooth transition at Inc and MediaOne Group the two cable TV companies already being acquired AT&T president John Zeglis added that the company will likely make more investments in foreign companies as it has in Canada and Japan to expand Press LOS ANGELES Wars” is finally here - “Star After months of relentless hvpe fans stood in theater lines across the country on Wednesday as the latest installment of the space saga opened across the nation round-the-cloc- its global network Including all pending agreements AT&T would surpass Time Warner as the scheduled Theaters showings k and some companies decided not to fight the Force they sent their - nation's top cable operator employees to “The Phantom Menace” which was on schedule to shatter I lollywood records “Everyone wants to see this movie and we thought it would be fun to send our whole company” said Steven J Lund presi- dent and CEO of Provo-base- d cosmetics seller Nu Skin Enter-pns- with 16 million subscribers and systems capable of reaching more than 25 million homes with cable access Former Senate Majority Leader and one-tim-e Exchange on Wednesday Joining Dole are Richard Grasso presidential candidate Bob Dole (center) rings the closing bell at the New York Stock chairman of the NYSE and William Johnston the exchange's president EMD OF THE DAY: (left) es The company has reserved a theater for all 1600 employees and one guest each for “Star Wars: Episode I - The Phantom Menace” which opened at 12:01 am Wednesday after years of anticipation No official box office figures were available for the early showings but movie analysts expected the movie to easily top $100 million by the end of the five-da- y opening frame on Sunday W'ith a five-da- y opening window “Menace” was expected to beat the opening record of $902 million set by “Lost World: JuMemo-nrassic Park” in a four-da- y Day weekend in 1997 “Menace” also will be competing against its ancestors The original “Star Wars” is the No 2 movie of all time Counting its it has sold $461 various al es See STAR WARS12A floor space and runs on a stanp dard power circuit It virtually doubles the number of computers that can be installed in a testing laboratory without increasing power consumption or heat output 20-am- The Powerlab 2000kvm was released to national and international markets Wednesday and is being sold to software testing companies throughout the United States The prototype was installed at Heiner’s Insurance Center in Ogden in April Sunpower Computing of Ogden has released a new product the Powerlab Model 2000kvm The original Powerlab Model 4600 was developed to provide a consolidated test environment for computer peripheral equip- ment manufacturers The Powerlab technology provides up to 20 computers in 10 square feet of R&O Construction Co based in Ogden has completed construction of the Country Kitchen Restaurant in Lehi It was a project for R&O teaming with Mark Wilson Associates Architects of Lehi The building is located on a 59541 square-foot site off Interstate 15 at 60 N 5432-square-fo- ot -- 850 East The restaurant opened Tuesday A new interactive Web site wwwnordictrackcom provides information about NordicTrack Launched recently by Icon Health & Fitness of Logan owner of the recently acquired NordicTrack brand this Web site allows the browser to shop the entire line of NordicTrack fitness equipment average compound annual total return to investors The listings are in the magazine’s April 26 issue Zions also was 12th in the five-yebank financial performance rankings by Banklnves-to- r a publication of SNL Securities LC The first-eve- r performance rankings were of the 100 largest publicly traded banks in the United States ar The Utah Nonprofit Housing Corp has received its first-evline of credit from Zions Bank The housing corporation will use the $100000 revolving loan to cover costs on its various housing projects Agency officials said that having money available this way will trim 60 to 90 days off the time it takes to develop projects er Zions Bancorporation of Salt Lake City was recently ranked in a couple of magazine listings The corporation was ranked by Fortune magazine as the best commercial bank in providing total return to investors among the 44 commercial banking companies listed in the magazine’s Fortune 1000 for 1999 Zions finished 987th among the 1000 companies based on the See WATCH12A 10-ye-ar Gates: Companies must be adept REDMOND Wash -Corporate success will hinge increasingly on how well information is organized electronically and made accessible to workers who need it Microsoft Corp chairman Bill Gates said Wednesday at the company's third annual CEO summit To merely have a corporate Web site computers and is no longer enough Gates said “It's how you take those technologies and use them inside the company that's going to differentiate" the most effective businesses he said Gates' keynote address “Knowledge Workers Without Walls" opened a two-daconference of more than 100 chief executives from the world’s 1 000 biggest corporations y MARKETS NORTHWEST Grain Justice Department a fight airline firm in American is accused ded flights temporarily to drive low-cocompetitors out of its giant hub airport Carty said Wednesday after the annual shareholders meeting of American parent AMR Corp that the company was confident it abided by antitrust laws “What Justice has to do is go in and somehow argue that past precedent and past court cases somehow don’t apply to the airline industry” Carty said “I think that’s a very tough thing for them to do” American was charged with repeatedly trying to drive small startup airlines out of the DFW airport by saturating their routes with additional flights and cutting fares After the competitors withdrew or drastically reduced their service American high fares and reduced its service the government alleged st of monopolizing of the business aspects The Associated Pree DALLAS - The Justice Department will have to prove that American Airlines’ fight against low-cocompetition was more st than just business chairman Donald J Carty says In a federal civil lawsuit filed last week in Wichita Kan the government accused American of monopolizing and attempting to monopolize passenger service to Worth Inand from Dallas-Fo- rt ternational Airport the nation’s airport The Justice Department alleged that Fort Worth-base- d American the nation’s second-large- st carrier cut fares and ad third-large- st Wednesday ECONOMY Trade deficit at record high The Associated Press WASHINGTON - America’s trade deficit soared to a record high for the third straight month in March as the politically sensitive deficit with Japan shot up to the highest level in more than four years The Commerce Department said today that the March deficit of $197 billion was 29 percent higher than the previous record of $191 billion in February So far this year the US trade deficit is running at an annual rate of $2226 billion nearly one-thir- d higher than the all-tihigh of $1693 billion set last year as the global financial crisis continues to wreck havoc with America’s trade performance There were some glimmers of hope in the March report US exports which had fallen for four straight months staged a small rebound in March climbing by 09 percent to $775 billion as exports of farm goods were up 25 percent But strong consumer demand in the United States caused imports to rise even faster climbing 13 percent to a record $972 billion Imports of foreign cars and parts hit an all-tihigh of $149 billion But a separate report on steel imports showed that they fell by 14 percent in April based on preliminary data a good sign for the country’s beleaguered steel industry which has been battered by a flood of cheap imports the past two years Meanwhile the Labor Department issued a report showing that America’s strong economy was continuing The number of Americans filing new claims for unemployment benefits fell by 12000 last week to 299000 a sign that tight labor market conditions were continuing The Clinton administration argues that the overall deficit represents a sign of American strength As the only major world economy doing well at the present the United States is playing a valuable role by providing a market for crisis coun- POCATELLO - White wheat 2 41 (down 6) barley 3 56 (steady) 14 percent spnng 3 31 (up 1) ordinary winter 2 45 (up 2) OGDEN - White wheat 2 73 (up 1) barley 3 60 (steady) 14 percent spnng 3 13 (steady) 11 percent winter 2 54 (up 7) PORTLAND - White wheat 3 IB (steady) barley 88 00 (steady) 14 percent spring 4 16 (up 3) 11 percent winter 3 20 (up 2) - White wheat cwt 3 92 (down 1) CALDWELL barley 4 00 (steady) Aiummum 60 3 Cents per lb London Metal Excn N Y Merc spot Lead 48 cents per ib 15 cents lb delivered Zinc - 53 GokJ $273 10 troy 02 NY Merc spot S4ver $5 261 troy 02 N Y Merc spot Mercury $160 00 per 76 lb (task NY Platinum $356 00 troy o& N Y Merc spot Copper 68 10 INTEREST RATES tries that are struggling to emerge from deep recessions triggered by the currency crisis that began in July 1997 But the administration is also worried that if the deficit rises too high it will spawn unstoppable protectionist pressures in Congress from industries who have been severely hurt by the competition from cheaper cents per lb Wednesday bond note Inflation note 1 year biH 80 3X 460 4S0 536 W1 Federal Funds Municipal bonds - S 559 Standard-Examine- r staff and wire services |
